Peregrine Group LLC and city officials expect to announce Tuesday a proposal for a commercial and residential development on nearly 11 acres of prime waterfront property along the Seekonk River and bounded by Division, Water and School streets.

Wexford Science & Technology and CV Properties LLC presented their plans for a mixed-use residential, hotel, office, and laboratory development on 195 parcels 22 and 25 to the 195 Commission earlier this week.

In a tour of the site, overlooking College Hill and the Providence skyline, attorney James J. Skeffington said consultants had determined the seven-acre proposed site will support the baseball park that team owners want to build.

The Rhode Island Commerce Corporation, which Pryor leads as commerce secretary, last Friday began the search for a consultant to help devise a real-estate development strategy for the land opened by the highway relocation project.

Development is not predictable, to the point of being difficult. Companies that have built projects in the city, or who want to, describe a market beset by financial obstacles, administrative hurdles and, as a result, a yearslong paucity of new construction – even as cranes have seemingly dominated the skyline in Boston.

The plan would create a four-story, 300,000-square-foot building with modern efficiencies, suitable for retail, office and residential space, according to Mayor Scott Avedisian. The mill’s cast iron stairs, doors and bricks will be incorporated into a new structure.

Did you look at the new zoning map and see a little piece of downtown zoning floating by itself on the back side of Federal Hill? I’m told this piece of downtown zoning in the midst of an otherwise mixed-use manufacturing zone was created by the City Council for a proposed development at 210 West Exchange Street.

The I-195 Redevelopment District Commission voted behind closed doors Monday to sign a purchase and sale agreement with a Texas development firm that specializes in privatized student housing to build a $50-million, six-story housing development that will accommodate 500 renters on the west side of the Providence River.

Jan A. Brodie expects there’ll be a groundbreaking in 2015 on the vacant former highway land in the heart of the capital city, but she unveiled a holiday wish list Friday afternoon for what she thinks would push forward pending development projects.